A decade ago, when Hong Kong’s tourism market was booming, the hotel sector exploded as investors converted their properties into new hotels. Today, due to recent downturns in tourism and upturns in the office market, investors are no longer as keen to invest in hotel properties and are looking to either reconvert hotels into office buildings or depart from the sector.

However, with the number of overnight visitors to Hong Kong growing at an annual rate of 7%, the emergence of the middle class and the search from millennials for better travel experiences, the Government’s drive to strengthen the city as an international tourism hub, and the high demand for medium tariff hotels; investors should really be asking themselves 'Is now a good time to check-in, stay or check-out?'

To get the full report click here.